Integrated Audits | Management & Auditor Responsibility

In this video, we'll be exploring the world of integrated audits - what they are, why they're important, and how they work.

An integrated audit is a type of audit that includes both an audit of a company's financial statements and an audit of the company's internal controls over financial reporting. By combining these two types of audits, an integrated audit provides a more comprehensive and in-depth look at a company's financial reporting process, helping to ensure the accuracy and reliability of the company's financial statements.

In this video, we'll cover the following topics:

1. What is an integrated audit?
2. Why are integrated audits important?
3. What are the key elements of an integrated audit?
4. How does an auditor plan an integrated audit?
5. Management's responsibility
6. Auditor's responsibility

If you're studying for the AUD section of the CPA exam, this video is for you. By the end of this video, you'll have a solid understanding of what integrated audits are and why they matter. So sit back, relax, and let's dive into the world of integrated audits!

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